SYDNEY, Oct. 19 (Xinhua) -- Taxi drivers in Australia's Victoria state capital Melbourne are planning to sue ridesharing company Uber for 500 million Australian dollars (355 million U.S. dollars), citing damages and "lost profits" for the move, local media reported on Friday.
The class action law suit is set to be filed in the coming weeks and is related to "profits allegedly lost during Uber's operation in Melbourne prior to being legalized," the Nine News channel reported.
"We're pursuing Uber because they came into the Victorian market knowing full well it was the requirement under law to have a taxi or hire car license to operate," the president of the Commercial Passenger Vehicle Association industry group, Rod Barton, was quoted as saying.
Uber first arrived in Australia in November 2012 but was not legal in Victoria until August 2017, the channel reported. The company's Victoria state manager Lucas Groeneveld told local reporters that it had not yet been notified of a class action.
